Quess Corp Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 24, 2018 at 07:00 am
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Quess Corp. Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on consolidated basis, the company reported revenue from operations of INR 15,839.500 million compared to INR 10,667.513 million a year ago. Total income was INR 15,965.430 million compared to INR 10,727.993 million a year ago. Profit before share of profit of equity accounted investees, exceptional items and tax was INR 742.311 million compared to INR 462.244 million a year ago. Profit before tax was INR 751.119 million compared to INR 466.891 million a year ago. Profit for the period was INR 698.585 million compared to INR 337.071 million a year ago. Profit attributable to owners of the company was INR 701.324 million or INR 4.77 per diluted share compared to INR 336.819 million or INR 2.57 per diluted share a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 42,765.078 million compared to INR 30,754.147 million a year ago. Total income was INR 43,094.455 million compared to INR 30,878.334 million a year ago. Profit before share of profit of equity accounted investees, exceptional items and tax was INR 2,009.348 million compared to INR 1,285.294 million a year ago. Profit before tax was INR 2,021.355 million compared to INR 1,289.941 million a year ago. Profit for the period was INR 2,581.460 million compared to INR 885.233 million a year ago. Profit attributable to owners of the company was INR 2,586.030 million or INR 18.53 per basic and diluted share compared to INR 884.981 million or INR 7.13 per diluted share a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 11,371.097 million compared to INR 8,613.517 million a year ago. Total income was INR 11,504.791 million compared to INR 8,670.632 million a year ago. Profit before tax and exceptional items were INR 509.988 million compared to INR 386.751 million a year ago. Profit before tax was INR 509.988 million compared to INR 386.751 million a year ago. Profit for the period was INR 536.641 million or INR 3.65 per diluted share (not annualized) compared to INR 262.574 million or INR 2.00 per diluted share (not annualized) a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 31,178.757 million compared to INR 25,030.783 million a year ago. Total income was INR 31,521.294 million compared to INR 25,155.325 million a year ago. Profit before tax and exceptional items were INR 1,494.601 million compared to INR 1,113.232 million a year ago. Profit before tax was INR 1,494.601 million compared to INR 1,113.232 million a year ago. Profit for the period was INR 2,240.463 million or INR 15.88 per diluted share compared to INR 727.969 million or INR 5.86 per diluted share a year ago.
Quess Corp Limited is an India-based company, which is engaged in the business of providing services in workforce management, operating asset management and global technology solution. The Company operates through four segments: Workforce management, Operating asset management, Global Technology Solutions, and Product led business. Workforce management segment is engaged in providing comprehensive staffing services and solutions including general staffing, information technology (IT) staffing, recruitment and executive search, recruitment process outsourcing as well as payroll, and other services. The operating asset management segment is engaged in providing services including janitorial services, food, hospitality services and other services. Global Technology Solutions segment is engaged in providing business process outsourcing (BPO) services and technology solutions. Product led business provides break fix services, hiring technology platform and workforce management tool.
QUESS CORP LIMITED 
